# Is the dollar about to take a turn?

> An opinion piece argues the dollar has risen more than 10% against major currencies this year on Fed rate hikes. It suggests the dollar could reverse if the economy and inflation weaken and the Fed pauses.

- Date: 2022-07-26 · published 2022-07-26T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/40682-is-the-dollar-about-to-take-a-turn
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A possible future dollar reversal would ease pressure on dollar-priced commodities, but the piece offers no new market event.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-03-23 | [Does the US dollar have further to fall?](https://feedsoft.ai/events/48319-does-the-us-dollar-have-further-to-fall.md) | +0.8% | -0.7% |
| DXY | 2017-06-13 | [The US Dollar Tipped to Jump 2% Higher](https://feedsoft.ai/events/10202-the-us-dollar-tipped-to-jump-2-higher.md) | -0.2% | -0.7% |
| DXY | 2017-09-25 | [It's risky to go long on the dollar \| The National](https://feedsoft.ai/events/69151-it-s-risky-to-go-long-on-the-dollar-the-national.md) | +1.2% | +2.3% |
| DXY | 2021-07-02 | [Dollar's near-term outlook bright, but to fade in a year](https://feedsoft.ai/events/46249-dollar-s-near-term-outlook-bright-but-to-fade-in-a-year.md) | +0.1% | -0.1% |
| DXY | 2018-01-17 | [The US Dollar is Not Yet Ripe For a Reversal, Says Westpac](https://feedsoft.ai/events/67170-the-us-dollar-is-not-yet-ripe-for-a-reversal-says-westpac.md) | -0.3% | -0.5% |

## Sources

- ft.com: https://www.ft.com/content/6ea4a7ee-989a-4771-a7f6-50dc8e046863?syn-25a6b1a6=1

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.